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Morgan Stanley: Semiconductor support 15% below current levels

Morgan Stanley's chief stock-market strategist maintains S&P 500 year-end target at 8,000 while highlighting that support for the semiconductor sector could be as much as 15% lower than current levels.

Original · MarketWatch AI summary of public reporting
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At publication → Current
SP5007,644 → 7,648+0.1%
SMH528.59 → 533.65+1.0%
Morgan Stanley: Semiconductor support 15% below current levels | SignalHub